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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (11779)	10/21/2004 8:11:31 AM
From: Proud_Infidel	Respond to of 25522

Altera forecasts revenue drop in fourth quarter Wed Oct 20, 2004 05:05 PM ET SAN FRANCISCO, Oct 20 (Reuters) - Altera Corp (ALTR.O: Quote, Profile, Research) , a maker of programmable microchips, said fourth-quarter revenue would fall 1 percent to 5 percent in the fourth quarter from the third quarter, blaming surplus semiconductor inventories and end-market weakness. The outlook was given on a conference call with analysts following the chip maker's earnings report.

To: Donald Wennerstrom who wrote (11779)	10/21/2004 8:15:30 AM
From: Proud_Infidel	Respond to of 25522

Silterra's sales slid 11 percent in Q3, outlook unclear By Peter Clarke Silicon Strategies 10/21/2004, 5:53 AM ET KULIM, Malaysia — Sales revenue at Silterra Malaysia Sdn. Bhd., a foundry manufacturer of standard CMOS logic, high-voltage and mixed-signal/RF technologies, was US$42.4 million in the third quarter of 2004, a decrease of 11 percent sequentially from record revenues set in Q2 2004, the company said Thursday (Oct. 21). The sales decline was in line with guidance given three months before. Bruce Gray, president, chief operating officer and interim chief executive officer for Silterra, said the outlook for the fourth quarter "is still unclear as customers have been scaling back their requirement in an effort to reduce channel inventory." At the same time third quarter sales were up 146 percent over the third quarter of 2003 and Silterra's total sales revenue reached US$127.2 million for the first nine months in 2004. In addition, the third quarter was Silterra's fourth consecutive quarter that was profitable before taxes, depreciation and amortization, the company said, without giving out numbers. "We had a good quarter considering the softening demand in the industry. On a year-over-year basis, we have performed significantly better in all of the key financial and operational metrics," said Bruce Gray, president, chief operating officer and interim chief executive officer for Silterra, in a statement. "Our gross margin was better, and we have shipped more wafers at better prices." Wafer shipments were 77 percent higher than Q3 2003 and 16 percent lower than the prior quarter. The blended average selling price (ASP) was 39 percent higher year-over-year and 5 percent better sequentially as the result of a richer product mix. Asian customers accounted for 55 percent of total revenue during the quarter, eclipsing those from North America, which had a 45 percent share, for the first time in Silterra's history. This trend is expected to continue into 2005.